You are here: Home » Companies » News
Business Standard

Nissan to hike prices by 5% from Jan to offset impact of rising input costs

The revised prices will be applicable across all available models for Nissan and Datsun

Nissan | Nissan Motor India

Press Trust of India  |  New Delhi 


Automaker Motor India on Wednesday said it will increase prices of its entire model range by up to 5 per cent from next month in order to offset the impact of high input costs.

The revised prices will be applicable across all available models for and Datsun, effective January 2020, Motor India said in a statement.

"In the current challenging market conditions, we are constrained to increase the price of all Nissan and Datsun models due to increased costs," Managing Director Rakesh Srivastava said.

Various companies, including Maruti Suzuki, Hyundai Motor India, Tata Motors have already announced to hike prices from January.

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Wed, December 11 2019. 13:15 IST